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20100930
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>>> this is "newsline." glad you to join us. it's friday, september 10th, 11:00 a.m. i'm catherine kobayashi. here are your updates. >>> nhk learned prime minister naoto kan has the lead over ichiro ozawa in the race for the democratic president of the party of japan. the winner will almost be confirmed by the diet as prime minister. in the election to take place on tuesday, votes will be tallied according to a point system with dpj diet members accounting for 822 points out of a total of 1,222. party members belonging to local government bodies have votes worth 100 points and rank and file party members are allocated 300 points. an nhk survey showed diet members are almost equally divided between kan and ozawa with each having about 180 lawmakers in his camp. the remaining lawmakers, about 50 in number, are undecided. more than half of the nearly 2,400 local government party members say they will support kan, while about 700 back ozawa. the remaining 500 are undecided. kan and ozawa will try to win over undecided lawmakers in a policy debate on friday and through other efforts in
us. >>> a chief prosecutor was arrested on tuesday on suspicion of data tampering during an investigation. sources close to the public prosecutor's office say that a colleague suspected the data tampering had occurred around february and argued with the chief prosecutor over the matter. the supreme prosecutor's office arrested tsunehiko maeda of the osaka district office on suspicion of tampering with data while investigating a ministry official suspected of fraud. the supreme prosecutor's office carried out a search of maeda's residence for more than two hours on tuesday evening. the sources say maeda's colleague pointed out that the data may have been intentionally falsified. the sources say the quarrel was reported to higher-ranking officials of the district prosecutor's office. the supreme prosecutor's office will question the officials and colleagues who worked with maeda at the osaka prosecutor's office at that time. it's also trying to find maeda's motive for tampering with the evidence. >>> more exchange events planned between japan and china have been suspended o
, catherine, hello. the u.s. economy is losing steam, according to the federal reserve. citing widespread signs of a slow-down. the central bank released its latest survey of business activity on wednesday. the so-called beige book says the overall economy grew at a modest pace. but five out of the 12 federal reserve districts showed mixed conditions, or slowing. among them are new york on the east coast, chicago in the midwest, and atlanta in the south. it also said housing and commercial real estate markets were sluggish and manufacturing grew at a slower pace. the latest survey is a downgrade from the previous report in july. that report also said the pace of economic activity had slowed in some districts. >>> barack obama has announced an additional $180 billion in economic stimulus measures, including massive tax breaks in corporate investment. the announcement comes ahead of u.s. congressional elections in november. >> the truth is, progress has been painfully slow. millions of americans remain unemployed. >> in a speech in ohio on wednesday, the u.s. president proposed a special on
surging in july, demand from the u.s. has plummeted a whopping 90%. the firm says it's now under pressure to cut prices. >> translator: some customers say they'll ask for price cuts until the dollar strengthens to a 100-yen level. some already cancelled orders. on average, they ask for a 20% to 25% discount, but the best we can offer is 5%. >> reporter: the company has slashed profit margins in order to offer cheaper products and offset the yen's strength. it has also started accepting more small orders to boost output. in some cases they've even taken orders for one or two pieces. towa's management is increasingly worried. >> translator: if the strong yen continues and affects manufacturers like us, even big competitors may start taking small domestic orders. i'm afraid we might all end up losing in a price war. >> reporter: the soaring yen isn't the only concern for these businesses. subsidies for fuel-efficient vehicles helped boost sales this month. but when they end in september, demand will likely drop. carmakers are already expecting to cut production by around 20% in october. also
officials acknowledged her involvement, but a number of them denied this. and joining us in the studio with some insight on this story is our reporter. so, the court sharply criticized the prosecutors for the way they did their investigations of this case. presumption of guilt, how did they proceed? >> actually it looked as if the prosecutor themselves were judging in court. here is the gist of the prosecutor's argument. a man who headed a fictitious organization wanted a welfare ministry certificate that woul identify it as a group that represented the disabled. the kind of certificate allowed such organization to send mail at discount rates. and the men asked a lawmaker to help him obtain the certificate. the lawmaker asked her at the time to issue it. the support year instructed muraki to issue the certificate. she made a subordinate produce it. the prosecutors based the case chiefly on the statement made during the course of the investigation. it's that muraki told him to issue a certificate because a lawmaker asked them to do it. but he went back on his statement in court. finally
's gains. ines matsuyama joins us with the details. >> that's right, catherine. good morning. wall street's rally spurred a rebound in tokyo stocks on thursday morning. investors helped push the nikkei average above the 9,000-yen level. the index ended the morning session at 9,035 points, up 1.2%, or 108 ticks from wednesday's close. sources say the stronger than expected data on u.s. manufacturers' business sentiment drove new york stocks up. that surge prompted investors in tokyo to go on a buying spree. >>> checking currencies, the dollar's hovering around a narrow range against the yen on thursday morning. it's currently at 84.33-35. while the euro's at 107.92-97. before the dollar started its slide, it gained against the yen, thanks to better than forecast u.s. manufacturing data. here's a look at the latest long-term interest rates. this is the yield on the benchmark ten-year japanese government bond. in other markets, hong kong's hang seng opened 1.2% higher. it's currently up 1.3%. the shanghai index for major blue chips is up 0.7%. and in shenzhen the sse composite is up 0.6%. >>
ilinhe u.s., kan will attend a u.n. summit on the millennium development goals that aim to reduce poverty by lfn developing countries by 2015. on the subject of japan/u.s. relations, the prime minister said he hopes to discuss ideas with president obama on how to deepen the alliance. >>> china is stepping up its protests over japan's detention of a fishing boat captain earlier this month.neworon tues, the chinese premiere demanded the captain's immediate release criticizing japan for what he ca the fisherman was arreste after he rammed his trawler into ja vessels in the east china sea. it happened off the senkaku islands which are a part of okinawa an are claimed by china and taiwan. chinese premier wen jiabao renewed th t skipper's release when he met with chinese students studying in the united states.cha' state agency quoted him as saying they are his nation's territory. the arrest has anger cne . he vowed that china would take further action if japan does not comply with its demand. this is the first time that the chinesere h commented onhe incident. china has canceled top lev
of this story. >>> over to the world of business. ines joins us now. >> the yen's appreciation against the dollar continues on the tokyo foreign exchange. the yen dipped tuesday morning. the greenback is changing hands at 83.46-47, while the euro is at 107.40. the dollar yet 43 yen earlier. that came as momentum carried over from earlier markets. many staying on the sidelines as japan's ruling democratic lawmakers prepare to vote for a new party leader later in the day. the result of the vote may accelerate the yen's rise. tokyo stocks moved within a narrow range on tuesday morning as investors waited to see whether the yen strengthens any further. the nikkei end the session at 9,300 on the dot, down 21 ticks. the broader base closing down 21 ticks. investors are shying away from active trading as they wait for results from the democratic election. here's a look at the long-term interesthe ten-year japanese government bond. the hang seng is up 0.3%. the shanghai up 0.6%. and the sse composite up 0.4%. >>> the euro zone's economy is predicted to grow at a rate of 1.7% this year, revise
Search Results 0 to 7 of about 8